Lafayette is a very small city located in the state of Oregon. With a population of 3,835 people and just one neighborhood, Lafayette is the 92nd largest community in Oregon. There's nothing like the smell of a brand new house, and in Lafayette, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Lafayette, and putting down their money on brand new construction. Lafayette’s real estate is, on average, some of the newest in the nation. Lafayette does seem to be experiencing an influx of affluent people, because the median household income is $53,811.
Real Estate Prices
Housing costs in Lafayette are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Oregon.
Occupations and Workforce
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Lafayette is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Lafayette is a city of service providers, sales and office workers and professionals. There are especially a lot of people living in Lafayette who work in office and administrative support (17.89%), food service (11.68%) and management occupations (8.76%).
Also of interest is that Lafayette has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
Because of many things, Lafayette is a great place for families with children to consider. First of all, many other families with children live here, making Lafayette a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lafayette has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lafayette’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Lafayette is that it can take a long time to commute to work. In Lafayette, the average commute to work is 33.15 minutes, which is quite a bit higher than the national average.